£118,017
This estimated value is based upon the latest sale price for the house of £69,000 on 19 Oct 2012. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £69,000 | 19 Oct 2012 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF NOTTINGHAM to estimate the market value.
When this house was purchased in October 2012 the House Price Index for CITY OF NOTTINGHAM was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £69,000 results in an estimated price of approximately £118,017.
| 19 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £69,000 | £49,017 | £118,017 |
The Postcode Pricing Model uses changes in average sales price within the NG3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 59.172 % | £40,828 | £109,828 |
| 3 Month Average | 72.477 % | £50,009 | £119,009 |
| 6 Month Average | 74.442 % | £51,365 | £120,365 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £169,297 | £165,000 | 177 ABBOTSFORD DRIVE |
| 7 Sep 2023 | £165,652 | £162,000 | 9 LEWIS CLOSE |
| 23 Mar 2023 | £193,227 | £190,000 | 8 ALISON WALK |
| 24 Feb 2022 | £147,904 | £140,000 | 4 COMYN GARDENS |
| 25 Jun 2021 | £113,491 | £105,000 | 1 JEDBURGH WALK |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 27 Jun 2012. Using an estimated price of £118,017 means this house is valued at £1,356 per sq meter (£126 per sq foot).
The average size of a house on LEWIS CLOSE is 105 sq meters (1,138 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Lewis Close |
| Oct 2024 | Robbery | Investigation complete; no suspect identified | On or near Lewis Close |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lewis Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lewis Close |
| Oct 2024 | Other theft | Under investigation | On or near Festus Close |